GM throws fresh troops in Opel’s losing battle. For keeping more money, Opel has a new CFO. For eventually making more money, the Rüsselsheim automaker has a new R&D chief.
Opel poached Michael Lohscheller from Volkswagen of Anerica, where he currently serves as Executive Vice President and CFO. Lohscheller administered the finances of a comnoanby that had a significant turn-around. Lohscheller succeeds Mark N. James , “whose professional future will be announced later.”
Michael Ableson will be Opel’s Engineering chief starting September, 1. Currently, he is in charge of compact cars at Opel. Ableson is Global Vehicle Line Executive for Compact Cars, based in Russelsheim, Germany. Michael Ableson in means Rita Forst out.
The promotions come a day after GM made Thomas Sedran the new interim CEO of Opel.